The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/i-bought-aapl-in-98-for-a-split-adjusted-31121731.aspx

Subject:  Re: Trailing Stop % Date:  2/16/2014  10:18 AM
Author:  MurrayS Number:  74274 of 76907
I bought AAPL in '98 for a split adjusted $8/share. Having a trailing stock would have knocked me out at around $25/share or so in 2000. Same with NFLX a few years later.

I think that would have been a bad move ;)

Reasons for selling stock:

1. The reason you purchased the stock has changed/no longer applies.

2. The stock value has become too large of a percentage of your portfolio.

3. You have a better use for the money (investment, new car, etc.)

I don't see trailing stops fitting any of those reasons.

-murray
Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us